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HomeMy WebLinkAbout1242 ~ ~6~~~6 or a e ~ 3bis ~ortgage ~eed, exe~u~ed tl?u ................~a..........._.....day oj........January..............., A. D. t9..68 RAY D. JOHNSON,JR, husband of Marilynn Lorraine Johneon 6y . ~ part.. y...... oJ the Jint part (hereina/te~ called "Mor~9aAor"), to .......~RILYNN LORRAINE JOHNSON Y ~ ~ wife of Rs D.Johnson---Jr.' . ~ part__.......... oj t~e second part (hereinafter ca~~ ~~Mortgngee~~). ~'ttttesseth: • Thnt /or divers good nnd valunble considerations, and also in considewtion o/ the gregate tum named in t/~e promissory note...... of euen date I~erewith, hereinnjter described and in consideration og ~y w~d aU st„?~ d~, o~ whicl~ moy liec~ome due !rom the Mortgagor to the Mortgngee. tl?e Mortgagor does grant, ni~. seU. alien. re- ; mise. re~ease. convey and con~irm unto the Mortgngee, in f ee stmp~e. n~~ o~ that certnin tract o land of wh~h e6e ( S t. Luc i e .Cow~ey. Mortgagor ia now seized and possessed and in actual possession. situate in I Florida, descri6ed os jollows, to-wit: I Lot 21~+ of the Subdivision oY White City,as per plat thereof on file in Plat Book l,~a~e 23 oY public records oY St.Lucie County, Florida;ALSO Lots "B', C" and "D" of plat showing ad~ustment oY ~'L 1: property lines of Moore,Hoefllch,Bacharach,Brady and Hammond,per ~ plat on file in Plat Book 3, page 64,public records of St.Lucie County,Florida;all of hereinbefore described property lying in and comprising a part of North 1/2 of Section 9,Township 36 South,Range I~I 40 East,the strPe address of which is 5713 Citrus Av.,Fo~ct Pierce, Florida,less therefrom approx.one acre located in Northeast corner ~ of said property,which has a house thereon,described as North 220 feet of West 170 feet of East 195 feet of said Lot "B" i aNn ~L 2: All that part of Section 29,Township 36 South,Range 37 East,lying South and West oY Bluefield Road and lying South an~ East of Okeech e ~ Road (St.Hwy 70); All that part of Section 30,Township 36 South ~ ~ Range 37 East,lying South and East of Okeechobee Road (St.Hwy 70~; All of Section 31,Township 36 South,Range 37 E~st,excepting there- from all rights-of-way Por public roads and/or easements given to Florida Power & Light Co. TiiIS IS A FIRST MORTGAGE AS TO PARCEL 1 AND A THIRD MORTGAGE AS TO PARC 2. S~ long as this mortgage and the promissory note secured hereby is not ~I~~efault the mortga~or and theowners from time to time oP Parcel 1& 2 sha ' ~i;be entit ed to:(A) a release of Parcel 1 from lien of this mortgage at s ~ ~time as ~40,000 has been Daid upon original princ~. al sum evidenced by n ~ j'secured hereby ---OR---(~ a rtlease of Parcel 2~rom lien of this mort ~ ~at such time as $60,000 has been paid up on original principal sum eviden ~ iiby promissory note secured hereby. ~C) Once either parcel 1 or 2 have be f released the other parcel shall not be released unt31 said indebtedness 'evide ced by promissory secured hereby has been paid in full. ~ , i; ~~g~~ with al! structurea ancl improuements now and hereajter on said land and tl~e /ixtures aHachad thereto, and alI renta, usues, procee~ ancl proJits accruing and to acc?ue from snid premises, nlI oJ ru6ich are in- ii cluded u~ithin the Joregoing description and the F~abendum Iiereoj. Also alI gas, steam, electric, waler and olher {~eaiin coo~in r+e ri eratin li ~tin g, g, g g, po y npp . 9• 9. ~ 9 9. 9 9. P~~++?~bin venti~atin irri atin and u~er a aterru. machinea. Iiances. 'ixtures aruj appurtenancea, w{?ic~ now are or may {~ereaJler pe?tain to or be usec~ with, in or on snid premises. ~ even though they 6e detached or detacha6le. ~ T L-,. L_ ~ I~;; 1~ ~1~Ve ~ W 71U~ alI and singular~tl~e said property here6y conr~eyed, fF~e tenements, heredita- ments and appurtenances t/~ereunto 6e[onging or in anyu~ise ap~ertaining and, the reveraion and reuersions, re- ' i{ mainder and remainders. rents, issues and proJits thereoJ and nlso all the eatate, right, title, interest, property, ~I possession, claim and demand whatsoeaer as w~ll in !aw as in equity of the said Morigagor in and to the same a ~'i and every part and pnrce~ thereof unto Ihe snid Mortgagee, in fee simp~e. ~ ~~;j And the saic~ 1~lortgac~or /?ere6y corenanls ~uith said nlortgagee, thnt said Mortgagor is inde/e~~bly seized o~ ; I said Iand in (ee simple; tl~at t{~e said l~lortgagor 6as (ull power and lawf ul rigF?t to conaey the snme in )ee simple as ; aforeaaid: that it shall be Iaw)ul for said Mortgagee at alI times peaceably and quietly to enter upon, hold, occup~ ' ~ I}~ nnd enjoy said t~nd and e~~ery part thereoJ; that said land is /ree from all encum6rances; tF~at said Mortgagor will make such Jurther assurances to perfect the /ee simple title to said land in said Mortgagee, as mny reasona6ly 6e ~ ii~ required: and t6at said ~~'1ortgagor does I~ere6y !ully warrant t6e title to said land and every part tl~ereo/ and will 3 ~ de~end t1~e same against tf~e Iaruful c~aims o~ all persons u~l~omsoeoer. ~ , n . ; i; t~~rOV~~~ 7~~~ys~ thnt i/ the 1~lortgagor sF~all pay unto tF~e Mortgagee any and all inde6tedness due 6y ' Mort a or !o said Mor! a ee includin the inde6tedness e~i enced 6 one . ; 9 9 9 9 9 d Y•-----•--•-••-------•-•-----certn'n promusory note--••--• ; ~ ~ ~ji including any and all reneu~als o/ the snme, o/ which the ~ollowing in wor~ds and (igwes_____ S__..._&__.true rnp._. y., ~ ~ to wit: ~ i ~i'•. ~ ~ !il ~ ~ t~ ~ ~ f'CB~RT 6. BJTIER, Attor ~ey At Lan ` ~ I9+~9 Ty,?r Str:et ~ r' ~ ~ ~ lio!l~~~o.d, Fl~ti,~,a~;,C~22 $$1IK~ ~iJ ~'~1rf~~~~VV ~ . - - _ ~ ~ ~ ~.~~~a~~., w:~~~.. .